RTS Stock Exchange: Turnover In Futures On The Moscow City Bonds On The First Trading Day Exceeds 115 Million Rubles

On the first day of trading in futures on 3Y Moscow City bond basket total trading volume exceeded 11 thousand contracts or 115 million rubles. The most popular instrument were futures with execution in December 2005 – 72% of total trading volume for September and December futures on the Moscow City bond basket. The share of the new instrument amounted to 12% of the total daily trading volume on FORTS in rubles. Open interest as of the first day of trading reached 188,5 million rubles or 18 thousand contracts.

RTS Stock Exchange web site www.rts.ru contains a page about futures on the Moscow City bond basket. Contract specification, basic strategies and other useful information can be found on that page.